Sunday, March 30, 2014

California "State Sen. Leland Yee drops out of secretary of state race a day after his arrest"

"No amount of public financing or contribution limits would remedy a situation like Leland Yee's," said Loyola Law School professor Jessica Levinson, an expert in campaign finance law. "He transgressed even the most basic rules."

Yee is charged with conspiracy to traffic in firearms without a license and to illegally import firearms, and six counts of scheming to defraud citizens of "honest services." Each corruption count is punishable by up to 20 years in federal prison and a fine of up to $250,000, while the gun-trafficking count is punishable by up to five years and $250,000.